In this first video of a new series, the Business Book Club, fund manager Edmund Shing explains his three simple strategies to earn high returns and beat the professionals.
Shing, global equity portfolio manager at BCS Asset Management in Paris, outlines his simple, low-risk investing system that beats market indices and fund manager performance over the long term, but requires only a few minutes of investors? time each month.
The strategy is detailed in his book The Idle Investor and Shing argues that even the laziest investor can achieve it. The Idle Investor includes three straightforward DIY strategies for long-term investing, Shing tells Juliet Mann. All you have to do is follow the simple rules.
Each method requires only a limited amount of time and they all make use of easily accessible, low-cost funds. Shing?s three strategies are: The Bone Idle Strategy, The Summer Hibernation Strategy and the Multi-Asset Trending Strategy.
Yet, argues Shing, being idle doesn?t mean being unsuccessful. ?If you are looking for a straightforward investing method that lets you get on with your life while your money grows in the background, then become an Idle Investor,? he says.
You can watch another interview with Edmund Shing here. He tells IG that, outside the UK, European stocks look ?pretty cheap?, that you need to look past Greece to countries like Spain, Germany and Italy, and that there are two ways to play these markets.